Network Security: Corporate Executives Missing The Point

Unified Threat Management underutilized by corporations.

Network World reports that a panel of experts at Defcon.have concluded that overall, network security at corporations, governments and law enforcement agencies is terrible. Even with the Anonymous attack against security firm HBGary by the hacker collective earlier this year, corporate executives are turning their heads from the real problem. Rather than invest in better security, they're looking to hedge the economic impact if they do get hacked.

"'It's no coincidence that hack insurance is up,’ he says. He said he'd heard at the conference that a major corporation laid off security staff and bought hack insurance instead. He wouldn't name the corporation.”